Lisk (LSK)

What is Lisk Crypto Currency? Lisk is an open-source blockchain platform founded in 2016. The platform provides developers with an easy way to deploy and manage their own custom-built blockchain applications, while also leveraging the secure and decentralized environment of the blockchain. Through the use of the Lisk platform, developers can create a variety of decentralized applications—including decentralized finance (DeFi) projects, non-fungible tokens (NFTs), digital collectibles, and much more. Who Founded It? Lisk was founded by Max Kordek and Olivier Beddows in 2016. Both Kordek and Beddows had extensive experience working in the cryptocurrency and blockchain spaces, with Kordek previously working as a lead project manager for the NXT cryptocurrency and Beddows having been heavily involved with the Eris Industries framework. What Makes It Unique? One of the key features that makes Lisk so unique is its custom built sidechain architecture. Through using this, developers can deploy their own private and public sidechains in which to build and manage their projects, without having to share data with any other networks. This allows developers to benefit from the security and decentralization of the blockchain while still maintaining their own private data. Additionally, Lisk also features its own native cryptocurrency called Lisk (LSK). This cryptocurrency is used to power the entire platform and can be utilized to pay for and access a range of services provided by the platform. Where is it Used? Lisk is an incredibly versatile platform and has numerous use cases across the blockchain and cryptocurrency environments. Along with offering the ability for developers to deploy and develop their own custom blockchain applications and digital collectibles, the platform has also been adopted by many major institutions and businesses. This includes organizations such as the Nissan Motor Corporation, the University of Cambridge, and the Japanese government. Where to Buy/Sell It? Lisk (LSK) can be purchased and sold through many online exchanges, such as Binance, eToro, CoinEx, and Kraken. Many of these exchanges also offer users the ability to purchase Lisk (LSK) with a variety of different payment methods, such as bank transfers, debit cards, and credit cards. Additionally, many exchanges also offer users the ability to store their Lisk (LSK) securely in their own wallets.